A 2018 UMD graduate has made a $180,000 gift to establish undergraduate student scholarships for four students per year.
The Magoon Family Current-Use Scholarship in Behavioral and Social Sciences and the Magoon Family Current-Use Scholarship in Computer Science will cover in-state tuition and focus on those who grew up and reside in Baltimore, birthplace of donor Akash Magoon.
“My goal with the scholarship is to help give students the ability to free their mind of the financial burden that comes with paying for college so that they can spend time focusing on finding their true passion,” said Magoon. “When students are in debt or need to make a name for themselves, they tend to take the tried-and-true route, but I believe our top minds should become entrepreneurs and innovators.”
Magoon was born in Baltimore to parents who emigrated from India to the United States in the 1980s. He majored in computer science at UMD and is the co-founder and CEO of Adonis, a revenue intelligence and automation platform built to help healthcare providers automate their revenue cycle and payment workflows. He is also a member of the College of Behavioral and Social Sciences Board of Visitors.
The scholarships will cover each recipient’s tuition costs for one year, with the possibility of being renewed, starting in Fall 2024.
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